More female financial advisors see the growth potential in targeting women investors.» Read More
*Gold, copper gain on hopes of Fed support. LONDON, May 22- The dollar and benchmark German debt yields eased on Wednesday as expectations hardened that the head of the U.S. central bank will later in the day signal no tapering back of its ultra-loose monetary policy.
Ben Bernanke, who speaks before the Joint Economic Committee of the U.S. Congress at 1400 GMT, is expected to follow the line set by two other Federal Reserve officials, who struck a dovish tone on the economy on Tuesday. "
MOSCOW, May 22- Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged with his partners as an asset consolidator after the global crash of 2008 forced Western banks to downsize, buying the Russian commercial banking units of Barclays, WestLB, Morgan Stanley and Santander.
May 22- Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
MOSCOW, May 22- Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, May 22- Asian giants China and India may be planning to improve the quality of coal they are burning, but it's unlikely any changes will have much effect on the level of imports for the foreseeable future.
More female financial advisors see the growth potential in targeting women investors.
Bank of America Corp. fell$. 07 or. 5 percent, to $13.44. Citigroup Inc. rose$. 06 or. 1 percent, to $51.66. Goldman Sachs rose $1.83 or 1.2 percent, to $160.73.
DETROIT-- Tesla Motors fell more than 5 percent in early trading Tuesday, a brief decline amid huge gains this month after the electric car maker posted its first quarterly profit. Tesla's stock price had jumped 74 percent between May 8, when first-quarter earnings were announced, and May 14, when it hit a 52- week high of $97.12.
Bank of America Corp. fell$. 05 or. 4 percent, to $13.46. Citigroup Inc. rose$. 22 or. 4 percent, to $51.82. Goldman Sachs rose $2.07 or 1.3 percent, to $160.97.
Bank of America Corp. fell$. 06 or. 4 percent, to $13.45. Citigroup Inc. rose$. 30 or. 6 percent, to $51.90. Goldman Sachs rose $2.26 or 1.4 percent, to $161.16.
Bank of America Corp. rose$. 08 or. 6 percent, to $13.51. Citigroup Inc. rose$. 15 or. 3 percent, to $51.60. Goldman Sachs rose$. 72 or. 5 percent, to $158.90.
NEW YORK, May 20- The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads.
*Pactera expects to form special committee to assess offer. *Pactera shares up 30 percent. May 20- Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.
Some Wall Street strategists say bank stocks will continue to outperform, given improving loan fundamentals, attractive valuations and rising dividends.
Bank of America Corp. rose$. 13 or. 9 percent, to $13.56. Citigroup Inc. rose$. 47 or. 9 percent, to $51.92. Goldman Sachs rose$. 94 or. 6 percent, to $159.12.
*Morgan Stanley declines comment; ING denies wrongdoing. The Birmingham, Alabama- based laboratory, a customer of Morgan Stanley, is seeking class-action status on behalf of participants in potentially thousands of retirement plans overseen by Morgan Stanley, and retirement plans for which ING provides services.
Bank of America Corp. rose$. 03 or. 2 percent, to $13.46. Citigroup Inc. rose$. 02 or percent, to $51.47. Goldman Sachs fell$. 18 or. 1 percent, to $158.00.
Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist, Morgan Stanley explains his bullish stance on the Hong Kong benchmark index.
Bank of America Corp. rose$. 07 or. 5 percent, to $13.43. Citigroup Inc. rose$. 84 or 1.7 percent, to $51.45. Goldman Sachs rose $3.71 or 2.4 percent, to $158.18.